Which of the Following Statements Is True of Statistical Significance

question 90

Multiple Choice

Which of the following statements is true of statistical significance?

• A)Measure of confederate value is determined by the difference between range and mode.
• B)The higher the number of cases,the easier it is to get statistical significance.
• C)With a very large sample,small differences in data are insignificant.
• D)Real-world significance is the same as statistical significance.

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Definitions:

Normal Good

A normal good is a type of good for which demand increases when income increases, and falls when income decreases but price remains constant.

Domestic Price

The cost of products or services inside the confines of a nation, in contrast to prices for international trade or exports.

Trade Price

The price at which goods or services are actually bought and sold between parties in the marketplace.

Leather Wallets

Small, foldable cases, often made of leather, used for carrying personal items such as cash, credit cards, and identification documents.